Next Bull Run for This Sector? According to Wyckoff Accumulation
Here is how you can take advantage of the potential next bull run in the China stocks $KraneShares CSI China Internet ETF (KWEB.US)$ upon completion of the market bottom via Wyckoff accumulation.
Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X). Pay attention to how to adopt the Wyckoff method to spot the 3 tell-tale signs of the accumulation structures.
The bullish setup vs. bearish setup is 24 vs 80 from the screenshot of my stock screener below. The bearish setup has decreased from 838 to 80, which is a change of the market environment last week.
However the bullish setup is very limited because there is no more leadership in the market after the energy sector was shot down 2 weeks ago. It is essential to be selective and trade the outperforming stocks in order to ride the sustainable trend. Ressession or not, is not something that we can control. Visit TradePrecise.com to get more stock market insights in email for free. $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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stefanita : A last gasp before the Chinese market implodes.